M&A
confidence high
sentiment positive
materiality 0.75
iQSTEL signs MOU to acquire remaining 49% of SwissLink Carrier for $750K in shares over 5 years
iQSTEL Inc
- MOU to exchange 49% SwissLink ownership for iQSTEL shares valued at $750K; tranches of 10% per year over 5 years.
- Share price per tranche: lowest 90-day closing price minus 20% discount; full $750K valuation counted for seller.
- SwissLink acknowledges 200,000 CHF debt to Ralf Koehler, repaid at 8,000 CHF/month.
- Impact Trading & Consulting to provide up to 60 hrs/month advisory services at 8,000 CHF/month for up to 2 years.
- Consolidation expected to save iQSTEL up to $2M annually; Juan Carlos Lopez Silva remains CEO of SwissLink and Etelix.